When coupled with progress in the housing industry and resilient consumer demand these are key elements in shaping the profile of aggregate demand and supply in the US as well as pinpointing the improved efficiency in the allocation of resources.
Increased efficiency results from the standardization, better resource allocation and utilization, simplified and automated provisioning processes, and overall operational efficiency improvements in the automation of all aspects of IT management.
Theorizing was lacking about market efficiency and rational expectations, which together would lead to stability and the optimal allocation of resources.